Columbia to Introduce New Health Policy replacing Two-Tiered System
Columbia will solely provide a single unified medical insurance plan for college kids beginning subsequent fall, growing premiums, however, lowering out-of-pocket maximums for a majority of scholars at the moment on College medical insurance, Columbia Well being introduced Wednesday.
Columbia at present gives two medical health insurance plans, the 90 Plan, on which more significant than 90 p.c of Columbia-insured college students on the Morningside campus are enrolled, and the 100 Plan. With the brand new single plan, college students on the 90 Plan will see a rise in premium price by $223, however, could have a $0 deductible and a decrease-out of pocket most. College students on the 100 Plan pay near $1,000 much less for the premium, with no adjustments to out-of-pocket maximums.
The brand new plan is not going to change any of the advantages in both the 90 Plan or the 100 Plan, and also will introduce a voluntary imaginative and prescient program priced at $65 12 months to all college students, no matter their enrolment within the Columbia College Scholar Wellbeing Insurance Coverage Plan. As well as, the College will proceed to supply a voluntary dental plan to all college students.
Beginning within the fall, the one plan will implement a $0 deductible and an annual premium of $three,433, with an out-of-pocket most for college students at $three,000. In comparison with New York state insurance coverage charges, the plan is valued on the platinum degree, that means that 90% of the price of medical care will likely be lined by insurance coverage and 10% by the buyer. Nonetheless, it is usually priced at lower than most bronze degree plans within the state.
In line with Columbia Wellbeing directors, the choice was made following an annual analysis course of that included gathering enter from the Scholar Affairs Committee of the College Senate and scholar councils.
“We consider that with the bundle that’s put collectively below this plan, it brings the very best of everything. And never simply one of the best of everything within the two plans that we had, however actually a plan that has been personalized to fulfil the wants of our college students,” Melanie Bernitz, affiliate up and medical director of Columbia Wellbeing, mentioned.
Bernitz added that for almost all of these college students at present on the 100 Plan, any potential enhance in out-of-pocket bills will possibly be offset by the discount in annual premium.
Michael McNeil, chief of administration for Columbia Wellbeing, emphasized that the one unified plan would simplify the choice-making course of for college students who beforehand needed to resolve between two different ideas.
“Every part you had in 18-19 you’re going to have in 19-20 however without having to say, which of those so I would like to decide on?” McNeil stated. “So there’s an actual class to that: with the ability to present that stage of protection without introducing the extent of confusion of two plans.”
To handle scholar questions concerning the change in plan choices, Columbia Wellbeing will probably be internet hosting a Q&A session on April 30 from 4:30 to 6:00 p.m. within the Columbia Wellbeing Lerner 8th Flooring Convention Room.